India's VerSe acquires Apple News+ rival Magzter
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Ghost Kitchens acquires Ahmedabad-based Shy Tiger Brands
Cloud kitchen startup Ghost Kitchens has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands.The acquisition is part of Ghost Kitchens’ expansion strategy in Gujarat, it said in a statement. Shy Tiger operates five multi-brand cloud kitchens in Ahmedabad and operates brands like KBOB’s and The Black Chimney. Shy Tiger has an annualised revenue run rate (ARR) of Rs 5 crore, the statement added.“We saw this as an opportunity to scale these brands and expand our presence into Ahmedabad and...
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STG acquires cloud-based solution provider Eka Software
US-based equity firm STG on Monday said it has acquired Eka Software Solutions and will merge the latter with its portfolio company, the Quor Group, to provide a broad software suite. Bengaluru-based Eka provides commodities trade and risk management (CTRM) and supply chain solutions with a specialty in the soft agricultural and energies markets, whereas Quor specialises in CTRM offerings within the metals ecosystem. The combination of Eka and Quor is a material step forward for the CTRM...
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Report of gunshot prompts lockdown at Grand Forks Air Force Base in North Dakota
GRAND FORKS, N.D. (AP) — Security officers were conducting a door-to-door sweep Wednesday at a North Dakota Air Force base after a report of a gunshot prompted a lockdown.